Mix the sugar and olive oil in a bowl until the sugar has melted and add the remaining ingredients gradually. Cut and shape the dough into small buns and place into a greased pan. Bake in a pre-heated oven for approximately 20 minutes.Boil the sugar, honey and water for approximately 10 minutes and leave until lukewarm. Dip the buns into the syrup and sprinkle with the chopped walnuts.